QNB Corp Q3 EPS $0.96 vs $1.07 YoY; nine-month net income rises to record $12.34M

QNB CORP.

2021-Q3 EPS reported $3.47

Q3 2021 net income $3.42M ($0.96 diluted EPS) vs $3.78M ($1.07) in Q3 2020.
Nine-month net income $12.34M ($3.47 EPS), a record, up from $7.93M ($2.25) prior year.
Net interest income $10.58M (+$1.25M YoY); net interest margin 2.72% vs 2.78%.
No provision for loan losses in Q3 compared to $250K in Q3 2020; NPL ratio 1.31%.
Total assets $1.66B; deposits up 16.6% to $1.43B; loans ex-PPP grew 5.4%.

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